FTSE 100 live: London markets poised for higher opening, tracking global peers; earnings and Fed decision to shape holiday-shortened week
Chocolate and discount-loving Brits drive food inflation down for 14th straight month April 23, 2024 Grocery price inflation fell to 3.2 per cent over the four weeks to 14 April, marking the fourteenth monthly drop in a row, new figures by Kantar show.
Primark owner ABF raises dividend as markets ‘return to normality’ April 23, 2024 Primark owner Associated British Food (ABF) has raised its dividend following a strong set of results in the 24 weeks to 2 March.
Tipping law to come into effect this October amid fears it will pile further pressure on hospitality April 22, 2024 As of October, employers will no longer be allowed to hold back service charges from their staff, amid fears the legislation could place further pressure on hospitality businesses.
What is going on with London house prices? It’s messy, but green shoots are appearing April 22, 2024 After a challenging few years green shoots appear to be emerging in London’s property market.
Selfridges circled by Chinese and Middle Eastern investors April 22, 2024 Selfridges is being circled by Chinese and Middle Eastern investors as the financial struggles of its Austrian co-owner Signa Holdings trigger a bidding war.
City of London has ‘record’ office leasing deals allaying hybrid work fears April 22, 2024 The City of London market saw a record 331 office leasing deals in 2023, the joint highest number recorded over the last 10 years, defying concerns the area had experienced a downturn following a rise in hybrid working patterns.
Helical extends London Wework lease amid takeover talks April 22, 2024 Property investment and development company Helical has extended its lease with Wework until June following a decision late last year to remove the struggling hybrid workplace provider after it could no longer pay its rent.
London office property deals abandoned as sellers pin hopes on price recovery April 20, 2024 Abandoned property deals have driven investment volumes in the London office market down in the first quarter of the year, but green shoots are starting to emerge.
Over 400 Stonegate pubs in London risk closure, GMB claims April 19, 2024 Almost 450 pubs in London face closure after one of the UK’s biggest hospitality groups Stonegate warned on its profitability, the GMB Union has said.
Shein still keen to buy Topshop from Asos April 18, 2024 Fast-fashion disruptor Shein is reportedly still interested in buying Topshop from Asos, the former golden egg of Philip Green’s now collapsed Arcadia empire.